Medical Payments: Provides coverage for an injury suffered on the premises.

Seth,I recommend contacting @Jason Bott, an Independent Agent who works that area and can help you find coverage that might be more affordable.

As a result, homeowners who want coverage for an empty or uninhabited home need to purchase unoccupied or vacant home insurance.

I would call your agent to make sure that the coverage is now correct.Good Luck on the Tennis Academy. 

I even paid for the extra HVAC coverage. 

thanks @James Martin  from some other threads, I was under the impression that with NSC, Flood Insurance and regular coverage, the monthly bill would run $300-400 per month! 

Things to consider:1) Depending on the state you live in, an LLC may not provide as much protection.2) If you don't keep your finances perfectly separated (and even then it's not a guarantee), an LLC may not provide you protection.3) You'll end up paying more in your mortgage and your LLC costs.For those reasons, especially for your first one, it's generally fine to just get a lot of coverage in umbrella insurance (or a lot of personal liability coverage in the property insurance that you'll carry).However, I'd be very interested to know if any BP member can say that an LLC did prevent them from losing money or getting personally sued at some point -- I haven't seen that posted.

I can probably achieve or partner with someone who will help with the Net Worth, Credit Score, Cash Reserves and am planning to buy something that will have a Debt Service Coverage Ratio above 1.25%, but I've never bought a commercial property before. 

You have no loss of use coverage from your landlord policy since it was vacant at the time of loss?

You will want to get the insurance changed to your coverage and have the old insurance cancelled.